Credit card fraud and using other payment mechanisms in Australia increased by approximately 30 per cent for the year ending June, in large part due to the increase of fraudulent credit card use on the internet.
>> Read more
This year over 27 million people worldwide will do their Christmas shopping over the internet according to PayPal. That is not that surprising, it’s easy, convenient, and there is no need to deal with crowds or carry heavy bags home. Just a few points and clicks and your done, and after a few days your Christmas presents will be there on your doorstep.
>> Read more
The Australian central bank, The Reserve Bank of Australia (RBA) has sounded a warning, suggesting that e-commerce could take a hit unless credit card issuers and banks dealt with the escalating threat of online fraud.
>> Read more